No, kored35 doesn't understand that. Nor does he understand the meaning of the word "obsolete." Just because a new and enhanced version of a product is introduced (which every smartphone vendor does every year), doesn't mean the existing model is unusable.
What an arrogant pri¢k know-it-all he is!
Only a matter of time before the market wakes up and recognizes how undervalued this is.
I wish CNBC would just take him off the air. He's an obnoxious know-it-all with no credibility.
Snot nose Nathan continues to spew out his nonsense that Apple is dead, ignoring the fact that the company generated more net income (profit) in Q1 than Google, Microsoft, Facebook, and Amazon COMBINED. So glad that know-nothing got his comeuppance by foolishly betting on Twitter when it was trading at $35/share.
Dan Nathan basically dropped trou and took a dump all over Apple in his faux analysis. He must have been saving up that deuce for an entire week.
They beat, you say? How do you explain this article then?
Alphabet Misses First-Quarter EPS, Tumbles after hours
Shares of Alphabet (GOOGL) fell after hours on Thursday after the Google parent missed expectations for the first quarter. Alphabet posted $20.26 billion in gross revenue for the period, while Wall Street expected $20.32 billion. Earnings per share of $7.50 were well below forecasts of $7.96 per share.
It won't take another full-blown market scare. NFLX is not that far from the mid $80s right now.
Wait until it goes back to the February lows...
AAPL is just one of many stocks he's been completely wrong about. But it's the one he just won't shut up about.
Today we heard Dan's usual rant about Apple facing compressed margins. The same tune he's been singing for the past four years. He just won't accept the fact that consumers and business professionals throughout the world are willing to pay a premium for a smartphone that offers a superior user experience and a superior brand image.
Dream on. This stock is destined to stay in single digits for the foreseeable future. Why? Because TrueCar is a service that taxes dealers while ostensibly giving consumers a price break when actually they could negotiate a better discount on their own. In other words, TrueCar doesn't have a compelling business model.
Here are the facts: Valerie Jarrett was born in 1956 to American parents, James and Barbara Bowen, who were living in Iran at the time of her birth. Jarrett's father, a pathologist and geneticist, managed a children's hospital there as part of a US program to improve healthcare in developing countries. The family moved out of Iran when Valerie was just 5 years old, and she grew up mostly in Chicago. She later attended high school in Massachusetts, earned her undergraduate degree at Stanford and her law degree at the University of Michigan.
No, I won't be telling you that. I was addressing the false assertions made by francogarabaldi regarding Obama's inner circle.
You are a xenophobic ignoramus. Valerie Jarrett and John Brennan are not Muslims. Stop making stuff up. The other people you mentioned serve in the Obama administration, but in no way, shape or form are they part of his "inner circle."